Deals
Ackman-Like Activism Spurs Agrium, SNC Rallies: Corporate Canada
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Shareholder activism is growing in Canada as investors including William Ackman and West Face Capital Inc. demand management changes that are leading to higher share prices.
Targets including Agrium Inc., Canadian Pacific Railway Ltd. and SNC-Lavalin Group Inc. have rallied after minority investors sought to shake up management to boost earnings or spin off businesses.